Word: katz
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...Philip Katz, ROCKVILLE CENTRE...
...really big markdowns were on specific items, not across the store as they were last year, says Katz. "They were price-point driven, not percent-off driven," he says. "You saw a lot of gifts under $50 or gifts under $100 - you didn...
...like night and day," says Matthew Katz, managing director at consultancy AlixPartners' retail practice, whose team traveled to about 30 malls, big box retailers and strip-mall centers to monitor activity today in different parts of the country. "I purposely went to the same mall in Short Hills, N.J. at 9 a.m. as I went to last year, he says. "Last year [on Black Friday] I parked in the front row, and this year it took me about 20 minutes to get a spot." (See pictures of expensive things money...
...Katz says the busiest stores, from a traffic perspective, were Apple, GameStop, Toys R Us and Best Buy, although the retailers with the most people carrying shopping bags were department stores...
...Says retail consultant Katz: "There's a lot of positive momentum, but we're not out of the woods...